What Are Direct Premiums Written? Direct premiums written are the total premiums received before considering reinsurance ceded. Direct premiums written represent the growth of a company’s insurance business during a given period. It can include both policies written by the company and policies written by its affiliated companies. Key Takeaways Direct premiums written are the total premiums received before considering reinsurance ceded.Direct
What Is a Direct Public Offering (DPO)? A direct public offering (DPO) is a type of offering in which a company offers its securities directly to the public to raise capital. An issuing company using a DPO eliminates the intermediaries—investment banks, broker-dealers, and underwriters—that are typical in initial public offerings (IPO), and self-underwrites its securities.
What Is a Direct Rollover? A direct rollover is a qualified distribution of eligible assets from a qualified plan, 403(b) plan, or a governmental 457 plan into a traditional IRA, qualified plan, 403(b) plan, or a governmental 457 plan. A direct rollover can also be a distribution from an IRA to a qualified plan, 403(b) plan
What Is a Direct Tax? A direct tax is a tax that a person or organization pays directly to the entity that imposed it. Examples include income tax, real property tax, personal property tax, and taxes on assets, all of which are paid by an individual taxpayer directly to the government. Key Takeaways A direct
What Is Direct to Consumer Advertising (DTC Advertising)? Direct to consumer advertising (DTC advertising) is marketing that is aimed toward consumers when access to a product may require an intermediary. Direct to consumer (or D2C) advertising may utilize print, social media, TV, radio, and other forms of media with the goal of informing a customer
What Is a Direct Transfer? A direct transfer is typically a transfer of assets from one type of retirement plan or account to another, which is facilitated by the two financial institutions involved in the transfer. A direct transfer is usually done when an employee has left their job and transfers the money within their
What Is a Direct Writer? A direct writer is an insurance agent that only issues policies from a specific company. A direct writer, also called a captive agent, is tied to one provider, meaning that it is restricted in what products it can sell clients and is unable to shop around to secure them the
What Is a Developed Economy? A developed economy is typically characteristic of a developed country with a relatively high level of economic growth and security. Standard criteria for evaluating a country’s level of development are income per capita or per capita gross domestic product, the level of industrialization, the general standard of living, and the amount of
What Is Development Economics? Development economics is a branch of economics that focuses on improving fiscal, economic, and social conditions in developing countries. Development economics considers factors such as health, education, working conditions, domestic and international policies, and market conditions with a focus on improving conditions in the world’s poorest countries. The field also examines both macroeconomic
What Is a Development Well? A development well is drilled in a proven producing area for the production of oil or gas. It stands in contrast to an exploratory well, which is one that is initially drilled to find oil or gas in an unproven area. As a result, dry or unsuccessful development wells are
